I am also very pleased with our other announcement this morning, naming Carl-Olav Scheible as Executive Vice President of Europe, Africa and emerging channel. Carl begins with MoneyGram April 16. I am really excited about this new position because it’s the first time we are not organizing solely around geographies or products. This position has been created to support our continued growth in our traditional market and to truly expand our presence in the virtual space.Carl joins us from PayPal where for the last eight years he has held a variety of leadership position. He will be responsible for overseeing MoneyGram's business operations in Europe and Africa and also has the global responsibilities for our strategic expansion opportunity both online and through the formation of global partnership.
MoneyGram International's Management Discusses Appointment Of Alex Holmes As Chief Financial Officer Conference Call (Transcript)
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